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This sounds far fetched but we do have precedent for companies paying for future contingencies up front. The first example I can think of is unemployment insur
by mulmen 2y ago
This sounds far fetched but we do have precedent for companies paying for future contingencies up front. The first example I can think of is unemployment insurance. It’s a payroll tax so even if the company goes broke and has to fire everyone the state has some cash on hand to make the employee’s whole.
Something like that could be done here. If you make products that don’t last a reasonable amount of time or you pack up in the middle of commitments then there’s some way for your relevant corporate assets to be transferred to another entity that will take up support.